Ping An expands outsourcing mandate with State Street for new private equity funds
The deal expands State Street’s current mandate with PAOH as the custodian and fund administration of the Ping An Global Infrastructure funds.
Tag: custody
Deutsche Bank eyes fund custody license in China by year-end
GC understands Deutsche Bank has devoted a significant amount of investment to build up its local fund custody platform in China.
BNP Paribas Securities Services’ third quarter uptick driven by new banking model
Performance was driven by its private markets business and the implementation of an integrated banking model.
Long-serving BBH custody product head joins DTCC
The addition will help support several of DTCC’s projects as it seeks to transform the securities post-trade process.
Citi appoints custody product specialist to new global DLT role
The new role comes as a growing number of banks step up their exploration of DLT solutions and servicing tokenised assets.
HSBC named securities services provider for first Hong Kong-Mainland China ETF cross listing
HSBC has recently been named the securities services provider for several new landmark ETF launches across APAC.
State Street to expand new pricing model to wider client base
State Street will expand its client coverage model, initially devised for its largest 50 buy-side clients, to 150 clients with AUM between $50-100 billion.
Northern Trust posts strong Q3 results as AUC/A and revenues rise
Custody and fund administrations assets rise 13% year-on-year as securities services firms seem to have performed well during Q3.
BNY Mellon sees data services becoming bigger part of custody deals
BNY Mellon's Todd Gibbons explained investment into new data and analytics products will help expand new revenue streams.
TCS adds custody services to cloud-based asset servicing platform
TCS has extended its SaaS cloud-based asset servicing platform to include custody and settlements.